L&G has promoted Dan Batterton to the role of head of housing, UK.
Batterton, who has more than 20 years of experience in the property industry, has launched several new investment strategies during his time at L&G, notably the firm’s build-to-rent (BTR) platform, which has grown to more than £4bn and more than 10,000 apartments across the UK since its launch in 2016.
In his new role, he will lead housing investment across L&G’s asset management business, encompassing BTR, single-family housing, affordable housing operations and purpose-built student accommodation.
Michael Barrie, head of real estate, UK and Europe at L&G, said: “Dan has been instrumental in the development of L&G’s housing platform, with a track record of scaling investment strategies in nascent segments of the market. The UK faces a severe housing crisis, and we are seeing growing demand from clients seeking exposure to the sector, offering attractive returns alongside positive social impact. L&G is committed to expanding our housing footprint to help deliver much needed homes across the country, and I look forward to working with Dan to execute our growth plans and take this vital component of our strategy from strength-to-strength.”
Batterton added: “I am delighted to be leading L&G’s UK housing business under one integrated platform, bringing together the different tenures we provide to help scale this critical component of our private markets strategy. L&G has a long track record of delivery with this sector, and I look forward to leveraging the partnerships and trust we hold within the market to bring fresh client solutions and housing delivery across the UK.”
